Samsung's Q3 DRAM sales fell 34.2% from the previous quarter

According to Yonhap News Agency, in the context of the global economic downturn leading to a cold market for memory chips, Samsung's dynamic random access memory (DRAM) sales in the third quarter of this year fell by 34.2% from the previous month.

According to data from the market research agency Omdia, global DRAM sales in Q3 this year fell by 29.8% month-on-month to US$17.548 billion. According to the analysis, the global economic recession has led to shrinking demand, superimposed customer adjustments to inventory and price drops, and the semiconductor storage market has entered a cold winter.

Specifically, Samsung Q3 DRAM sales decreased by 34.2% to US$7.133 billion from the previous month, SK Hynix’s sales were US$5.246 billion, a decrease of 25.3% from the previous month, and Micron’s sales fell by 26.3% to US$4.35 billion.

According to the previous report released by Eugene Investment & Securities, there is not much difference with Omdia. It shows that the global DRAM market sales in Q3 were US$17.973 billion, down 29.3% from US$25.427 billion in Q2. Samsung's Q3 market share dropped to 41.0%, an eight-year low.